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What is Lombard?

Lombard Finance is a decentralized finance platform focused on enhancing Bitcoin's capabilities by integrating it into the DeFi sector through liquid staking. Central to their offerings is LBTC, a liquid staked Bitcoin token created on the Babylon network, allowing Bitcoin users to stake their holdings while maintaining liquidity for transactions across various DeFi platforms. This groundbreaking strategy not only safeguards the intrinsic value of Bitcoin but also expands its use in the fast-changing DeFi ecosystem. As a result, Lombard Finance is positioning itself as a key player in the intersection of traditional cryptocurrency and decentralized financial services.

What is Babylon?

For the first time ever, holders of assets can earn yields from their idle cryptocurrencies securely, without relying on third-party trust or transferring to different chains. Bitcoin owners can now lock their coins using a self-custodial method, enabling them to validate Proof of Stake (PoS) chains while enjoying the rewards generated as yields. Thanks to the innovative fast unbinding and scalable restaking features of the protocol, stakers benefit from improved liquidity and higher returns. This solution effectively mitigates the risks linked to bridging, wrapping, or pegging cryptocurrencies, providing comprehensive protection against vulnerabilities associated with PoS systems. It is an exemplary enhancement for any PoS chain. The Babylon project is dedicated to creating security protocols that amplify Bitcoin's contribution to maintaining a decentralized ecosystem. To realize this vision, Babylon leverages three fundamental elements of Bitcoin: its intrinsic asset value, the PoW-secured timestamping server, and the most robust blockspace globally against censorship. By pioneering advanced protocols, Babylon aspires to forge a more secure, Bitcoin-centric decentralized future, nurturing an ecosystem that emphasizes security and operational efficiency. This commitment to innovation and security positions Babylon as a leader in the evolution of cryptocurrency ecosystems.

Media

Media

Integrations Supported

Bitcoin
Agoric
AltheaSuite
Berachain
Bullish
Chakra
Connecting Steps
Cosmos
Figment
Go
Injective
Kiln
OKX Wallet
Osmosis
Prysm
Quasar
Sei
Solv
StakeClub
UPtick

Integrations Supported

Bitcoin
Agoric
AltheaSuite
Berachain
Bullish
Chakra
Connecting Steps
Cosmos
Figment
Go
Injective
Kiln
OKX Wallet
Osmosis
Prysm
Quasar
Sei
Solv
StakeClub
UPtick

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Lombard Finance

Date Founded

2024

Company Website

www.lombard.finance/

Company Facts

Organization Name

Babylon

Company Location

United States

Company Website

babylonchain.io

Categories and Features

Categories and Features

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